The executive director shall execute a bond in some surety company authorized to do business in the state, to be approved by the Governor, and filed in the Office of the Secretary of State in the penal sum of One Hundred Thousand Dollars ($100,000.00), conditioned for the faithful and impartial discharge of the duties of his office. The premium on such bond shall be paid as provided by law out of funds appropriated to the Department of Finance and Administration.
Structure Mississippi Code
Title 27 - Taxation and Finance
Chapter 104 - State Fiscal Affairs
§ 27-104-3. Powers and duties of Department of Finance and Administration
§ 27-104-5. Executive Director of department; salary; bond; powers and duties
§ 27-104-6. Executive Director to be State Fiscal Officer
§ 27-104-9. Submission of agency operating budget
§ 27-104-11. Expenditures by agency
§ 27-104-15. Hearings as to revision of agency budget estimates
§ 27-104-19. Availability of funds after approval of operating budget